Question

Go to www.amazon.com to locate Amazon.com’s home page. Select Investor Relations at the bottom of the page. Click on SEC Filings in the left navigation menu and locate the most recent 10-K. Answer the following questions about Amazon: 1. What is Amazon’s dividend policy? 2. Where does Amazon report geographic segment information? What segments exist? What information does Amazon provide on a segment basis? Which segment is the largest? Do the segments contribute equally to Amazon’s operating income? 3. Calculate Amazon’s total-debt-to-total-assets, total-debt-to-equity, and long-term-debt-to-equity ratios for the last 2 fiscal years. For purposes of the first two ratios, define total debt as total liabilities. What is the trend? What does this suggest about Amazon’s financing policy?